ENTREPRENEURIAL PLANNING
FINANCIAL PLANNING AND ANALYSIS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
less than one years.
|
|
|
five to ten years
|
|
|
one to five years
|
|
|
more than ten years
|
Detailed explanation-1: -Intermediate goals: These are goals that you can accomplish in one to five years. They take more planning and most likely will take quite a bit of saving. They might include continuing your education, buying a car or purchasing a home. Long-term goals: These are goals that will take more than five years to accomplish.
Detailed explanation-2: -While there are many different types of goals, the two overarching categories are short-term and long-term goals. In general, short-term goals can be finished within a six-month to three-year time frame while long-term goals may take anywhere from three to five years (or even longer).
Detailed explanation-3: -Goals can be distinguished between three lengths: short, medium, and long-term goals. Generally speaking, short-term goals are goals that can be accomplished immediately from now until a year. Medium-term goals may take from two to five years. Lastly, long-term goals are goals that may take up to ten years.